Hints and tips:
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...They needed their own training, insurance and vital equipment....
...In 2022, these funds raked in a net $10.9bn in North America, up from what had been a record $4.1bn the previous year, according to data from FactSet....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...The first photographer in the 60-year history of the Pirelli calendar to shoot it three times – in 1996, 2002 and 2017 – Lindbergh has been shown in museums around the world including the V&A, Centre Pompidou...
...AI is giving underwriters godlike powers, according to the president of Sompo Holdings, one of Japan’s biggest insurance companies....
...That’s why the company is seeking to buy what it calls “mini-MatchMoves” in markets in central Europe, Latin America and the US, he said....
...“The fact of the matter is [that] this is far broader than just insurance brokerage,” Williams said, although he adds that insurance is likely to remain the company’s largest business line....
...to trust many of America’s grandest foreign policy figures (people like Henry Kissinger and Madeleine Albright) on China, when they and many others have been paid rich salaries by the Party (or companies...
...The Goldman bankers working on the deal include Pat Fels, head of the financial institutions group for the Americas, and Avi Mehrotra, global head of activism and shareholder defence....
...The plans included launching a business in the Philippines, where the bank has already started applying for a banking licence, and acquiring a payments company in Latin America....
...“Companies have underdelivered the IPO promise,” said Tracy Dolin-Benguigui, a Barclays equity research analyst who covers insurance companies....
...Meanwhile, Twitter is edging closer to accepting Elon Musk’s $43bn bid to buy the company....
...MoneyLion has added Even’s insurance and personal loan services into its banking app and hopes the company’s software offering will also bring new customers to its own products....
...Cast in Buffett’s image, the company is unlike almost any other in corporate America....
...Being charged extra for the privilege of propping up the very company that caused all the pain....
...two weeks ago announced a merger with its insurance affiliate, Athene....
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...It said companies were facing challenges bringing staff back to work, because of health concerns, the difficulty in obtaining child care, and “generous unemployment insurance benefits”....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Our insurance team’s favorite life companies are Prudential and ASR We remain overweight of P&C Defensive: The sector should be agnostic to the cycle (having no correlation with HY spreads and PMIs) yet...
...of voter misgivings in the state about the self-declared democratic socialist’s “Medicare for All” policy, which would effectively eliminate private health insurance in America....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
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